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$3,608 (target)

1467 Santorini Way, Tavares, FL 32778

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Mid-Term investment with a projected -5.06% first-year return on $112k initial cash invested.

-5.06%

Cash On Cash

5.14%

Cap Rate

0.85

DSCR

$3,608

Rent

-$474

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,608 income − $4,082 expenses = $474 out of pocket

Income$3,608Out of Pocket$474Mortgage P&I$2,25863%Property Taxes$842%Insurance$1584%HOA$35610%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,998

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,608

Total Expenses

$4,082

Mortgage P&I

63%

$2,258

Property Taxes

2%

$84

Home Insurance

4%

$158

HOA

10%

$356

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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